Massive chinese internet company tencent snatched up 484 percent of epic games' available capital shares for $330 million last summer, giving the company the right to nominate directors to the. Tencent epic games ownership. Last year, epic games sold a 40 percent ownership stake to china’s tencent, according to an interview with epic games founder tim sweeney that makes the deal one of the biggest investments in.
tencent epic games ownership
Just to jog your memory, tencent bought 40 per cent ownership in epic games back in 2013, after shelling out $330 million other than the cash, the deal provided epic with a seasoned veteran in the games as a service model, which indirectly paved the way to fortnite. Home ownership retirement planning since the free-to-play game was released last year, epic has netted more than $1 billion epic used tencent’s cash injection to drop the monthly charge. Tencent owns 40% of epic games, the developer of the popular fortnite video game. epic games rode the success of bluehole’s blockbuster playerunknown’s battlegrounds pc game..
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